United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $105.00 short call and a strike $115.00 long call offers a potential 9.89% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $9.10 would be incurred if the stock rose above the $115.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for United Tech is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for United Tech is bearish.
The RSI indicator is at 29.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Tech
UTC Aerospace Systems to Continue Supporting USAF DCGS
Thu, 15 Sep 2016 19:00:00 GMT
PR Newswire – CHARLOTTE, N.C., Sept. 15, 2016 /PRNewswire/ — UTC Aerospace Systems , a unit of United Technologies Corp. (NYSE: UTX), will continue its mission to deliver global field service, sustainment and on-site …
Is United Technologies Still Worth Buying?
Thu, 15 Sep 2016 17:29:18 GMT
Gregory Hayes to Lead UTX's Board (UTX)
Thu, 15 Sep 2016 16:09:00 GMT
CFO Moves: United Technologies, Virgin Group
Thu, 15 Sep 2016 11:01:49 GMT
[$$] United Technologies CEO Adds Role of Chairman
Wed, 14 Sep 2016 22:01:39 GMT
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